REITs looks attractive right now

In early 2022, most real estate stocks and REITs were well on their way to recovering their pre-COVID highs. That was before investor worries about rising interest rates and a potential economic downturn set them back.
Nonetheless, for most real-estate classes (except for offices), occupancies are… Read More

Enjoy 7.9% yield from Dream Office

Enjoy 7.9% yield from Dream Office

Worries about the trend to remote work, even as the pandemic lifted, have weighed on Dream Office REIT. However, its high-quality properties should continue to attract tenants and support its distributions.

The stock trades at just 5.5 times the company’s free cash flow as compared to… Read More

This REIT ETF is a hold

ISHARES S&P/TSX REIT INDEX ETF, $16.23, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 16 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the fund gives you a high 5.1%… Read More

Hold this top REIT ETF

ISHARES S&P/TSX REIT INDEX ETF, $16.39, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 16 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the fund gives you a 4.9% yield.
The… Read More

These office REITs are still reliable payers

Worries about the trend to remote work, even as the pandemic lifted, have weighed on these two office-focused REITs. However, their high-quality properties should continue to attract tenants and support their distributions.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $23 is a buy. The REIT (Toronto symbol AP.UN; Cyclical-Growth… Read More

Dream Office REIT plans to buy

Share buybacks are a plus for shareholders—repurchases raise earnings per share and other per-share calculations, which gives the remaining shareholders a larger stake in the company (or REIT).
DREAM OFFICE REIT, $14.89, is a buy. The REIT (Toronto symbol D.UN; TSINetwork Rating: Extra Risk) (www.dream.ca/office; Units o/s: 46.1… Read More

Hang onto this REIT fund

ISHARES S&P/TSX REIT INDEX ETF, $18.40, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 18 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the fund gives you a 4.4% yield.
The… Read More